Dick’s Foot Locker Debt Exchange Moves Forward
DKS reported a high participation rate in its exchange offer, with 92.35% or $369,381,000 of Foot Locker’s 4.000% senior notes due 2029 being tendered early. The exchange offer comprises up to $400 million in new Dick’s notes and pays cash compensation, including an early participation premium of $30.00 per $1,000 in notes for holders ... Log in to view full article.